Sentences with phrase «hit during the recession»

The North American tradition of presenting diamond engagement rings has now spread to China's massive middle class too, and, after taking a hit during the recession, the American luxury economy is rebounding.
While the company was hit during the recession, it's making a comeback.
He adds that the company didn't really take a hit during the recession because it provides comfort at the end of a long day.
We are all aware home values took a big hit during the recession, but some areas were hit harder than others.
Gambling is coming back, though it took a hit during the recession.
Alot of people have taken financial hits during the recession, and credit card churning and app parties are just not an option.
Gambling is coming back, though it took a hit during the recession.
Some consumers may remember that AIG Life Insurance took a big hit during the recession, but has done an excellent job of rebuilding the company image.
«Southwest Florida was particularly hard - hit during the recession, so it's really nice to see it coming back,» Doty says.
The reason Stockton took such a hard hit during the recession is that we were practically ground zero for the real estate bubble in the early - mid 200's.
The small business sector took a major hit during the recession.

Not exact matches

The recession hit during their formative years, making them especially circumspect about spending.
No sector was hit harder than financials during the last recession, and now the great rotation back into banks has begun.
Sales were hit hard during the recent recession — they plunged 40 percent, leading to an unprecedented round of layoffs and voluntary separations.
During the recession, the government needed to provide support to the economy, provided stimulus to mitigate how deep the recession hit, and also helped the economy get into recovery.
Some of this increase is due to a rise in manufacturing and construction jobs (fields dominated by men), which were the hardest hit in the U.S. during the recession.
«However, they took a heavier hit during the immediate recession and post-recession years.»
DETROIT / SAO PAULO, April 25 General Motors Co is planning for long - term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low - cost vehicles it is developing for Chinese consumers, which are due to hit dealerships in 2019.
Still, during this prolonged stretch of anxiety over when the next recession might hit, a figure who embodies sophisticated economic leadership is an invaluable political commodity.
The S&P 500 hit a pre-credit crisis high of 1565.2 on October 9, 2007 before cratering all the way down to 676.5 during the «Great Recession» and a severe bear market followed.
10 - year Canadian government bond yields had declined to as low as 0.90 % during mid-February, when recession fears hit an apex but ended the quarter at just over 1.2 %.
The chart shows three important facts: (1) a bigger rise in food stamp usage in hard - hit housing states as early as 2007 and 2008, (2) the rise in food stamp usage increased by substantially more in these states during the heart of the Great Recession in 2009, and (3) even in 2013, food stamp usage is growing more in hard - hit housing states.
Information technology is the largest underweight, following the cyclical energy sector and financials, which were hit hard during the 2008 - 09 recession.
But they said automakers» incentive spending in the United States in the first half of March had hit a record for the month, breaking the previously set mark in March 2009 during the height of the Great Recession.
After a short business recession during 1921 - 1922, the country hit its economic stride.
Many areas similar in size were recovering from a massive hit they took during the 2008 recession which propelled them to the top of the list.
In fact, New York and the rest of the Northeast were hit particularly hard by that recession — and New York went from positive (but weakening) employment growth in 1989 to employment declines during each of the next three years.
«The great recession and the election of Andrew Cuomo by a huge margin hit the public sector hard,» Iannuzzi said during his opening speech.
«Blacks hit hardest by public - sector job losses during recession
Director Ramin Bahrani really cuts to the chase in his tale about an evicted construction worker (Andrew Garfield) who winds up working for a shady realtor (Michael Shannon) during the recession that hit many homeowners like a punch in the gut.
led Reed California in an effort to address issues at inner - city schools that were particularty hard hit with cuts during the recession years.
Restoring funds and allocating funding for new investments in public education is needed after years of cuts that squeezed budgets that were hit very hard during the Great Recession.
«School budgets were hit very hard during the Great Recession, yet public schools fully supported their students and enhanced public education.
Utah's last - in - nation spending on students fell even further Education» Analysis shows state's schools took bigger hit than most during recession.
School transportation inequities were highlighted during California's recent «trigger cut» years — when district budgets took major hits linked to the national economic recession.
«That's a tough hit to take any time, but especially in an economy struggling to emerge from a recession,» admitted George Borst, group vice president and general manager of Lexus, during a Sept. 20 presentation in Detroit.
10 - year Canadian government bond yields had declined to as low as 0.90 % during mid-February, when recession fears hit an apex but ended the quarter at just over 1.2 %.
It was also one of the hardest hit industries during the 2007 — current recession.
When car leases are finished, the vehicles hit the used car market, so the lack of leasing and general slowdown in new car purchases during the recession was followed by shortages of used cars.
Most came of age during the Great Recession and watched their parents lose their savings (and possibly their jobs) when Wall Street and the housing market hit the skids.
The concept of «living little» started to rise during the decluttering / minimalist craze of the» 00s and gained traction when the recession hit, as a way to combat ridiculous mortgages, endless weekends spent on home repair and lawn - mowing, and the bitter reality that your house value can, despite all your work, drop like a rock when the big boys on Wall Street screw up.
Meanwhile a housing and financial bubble bursting in China, and the inflationary bubble in the US funded by the magic money of the Fed are both set to burst into undeniable reality any time soon, will at least drive down fossil fuel use during the looming new global recession about to hit from the two biggest economies on the world going someways down the toilet.....
Charities were hit hard during the recent recession.
Patterson had been plagued by industrial decline and was hard hit by housing foreclosures during the recession.
The nation's strong industrial resurgence has now reached Detroit, a city that was among worst hit by falling property values during the recession.
During the recession we saw it dip to 10 million, but now we're hitting 17.5 million per year.»
The loan was due to mature in September of 2011, after Kerzner exhausted all three of its extension options, but the firm couldn't refinance the property because of the still somewhat slow CMBS market and because the resort had taken a significant hit in visitor numbers during the recession.
Sales of Manhattan apartments during the first quarter of the year hit their slowest pace since the nadir of the Great Recession, according to an analysis by the Wall Street Journal.
«Homeownership will continue its comeback story in 2018 as Gen Xers who were hard - hit during the Great Recession become homeowners again, and as more Millennials buy homes for the first time.
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